Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
Here's who's hiring teens this summer – and which jobs pay the best
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
Majority of employment growth since COVID-19 goes to immigrants, report finds
A report finds that immigrants accounted for most of U.S. job growth since 2019, while employment growth for U.S.-born workers declined.
22% of retirement-age Americans are still working; these states have the most
Despite the number of Americans who are 65 and older decreasing from 2022 to 2024, it’s still double what it used to be almost 40 years ago.
States with the best and worst economies in 2024
Where did your state rank in WalletHub’s list of the best and worst economies?
Orange juice makers consider using alternative fruit as prices skyrocket
Orange juice makers are getting squeezed by high prices
Bass Pro Shops' CEO says brand will focus on affordability amid Inflation
Johnny Morris, CEO and founder of Bass Pro Shops, says inflation is 'very real,' and brand will focus on affordability.
Biden releasing 1M oil barrels to combat summer gas prices
In an effort to lower gas prices ahead of the busy summer travel season, the Biden administration announced the release of 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy.
Reports: McDonald's planning $5 meal deal to win back customers
McDonald's is reportedly introducing a $5 meal deal in an effort to attract customers deterred by recent price increases.
More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
Interest rates not changing until inflation cools, Federal Reserve says
The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.
Why now is the best time to visit Japan, thanks to a weak yen
Here are the best things to do when visiting Japan to make your dollar stretch further as the yen drops to historic lows not seen since 1990.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
High inflation is costing Americans an extra $1K a month
Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.
America's top 1% has total net worth of $44 trillion
Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.
Americans are still craving connection post-pandemic. The eclipse is creating that moment for us.
Millions of Americans are eager to socialize and make this eclipse a special moment – which includes splurging on the day, data shows.
Why are food prices so high despite inflation falling?
Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.
Baltimore bridge collapse will likely cause product shortages, supply chain manager warns
One expert said consumers could see price hikes to cover costs of rerouting shipments.
Three reasons why egg prices are so high ahead of Easter
Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.